Savings

Index Linked

	Quarterly Interest

	Minimum Balance		AER*		Gross*		Net*
	£1,000+		5.41%		5.30%		4.24%

		The above variable rates are effective from 23 June 2008.

	Annual Interest

	Minimum Balance		AER*		Gross*		Net*
	£1,000+		5.30%		5.30%		4.24%

		The above variable rates are effective from 23 June 2008.

	Monthly Interest

	Minimum Balance		AER*		Gross*		Net*
	£1,000+		5.30%		5.18%		4.14%

		The above variable rates are effective from 23 June 2008.

Members' 1 Year Bond

	Annual Interest

	Minimum Balance		AER*		Gross*		Net*
	£100,000+		4.00%		4.00%		3.20%
	£50,000		3.85%		3.85%		3.08%
	£20,000		3.55%		3.55%		2.84%
	£1,000		3.05%		3.05%		2.44%
	£250		2.95%		2.95%		2.36%

		The above variable rates are effective from 2 May 2008.

	Monthly Interest

	Minimum Balance		AER*		Gross*		Net*
	£100,000+		4.00%		3.93%		3.14%
	£50,000		3.85%		3.78%		3.02%
	£20,000		3.55%		3.49%		2.79%
	£1,000		3.05%		3.01%		2.41%
	£250		2.95%		2.91%		2.33%

		The above variable rates are effective from 2 May 2008.

Former Bristol & West and Britannia Accounts

*For an explanation of terms used such as AER, Gross and Net, please see our glossary.